TREASURE: Historic Architecture Ready! 4th St - 552 S 4th St

Retail-Commercial for Sale
Catylist Listing ID: 30803727
Property Subtypes: Convenience Store, Day Care Facility, Garden Center, Mixed Use, Movie Theatre, Post Office, Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 27,248 SF
Gross Land Area: 0.19 SF
Sale Price: $1,300,000
Unit Price: $47.71 PSF
In Opportunity Zone? Yes
Property Use Type: Business
Building Name: Fashion Club Bldg - 544 S 4th St
Usable Size (USF): 27,248 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/11/2024

Overview / Comments

Was listed FOR SALE along with two other buildings on 4th St. The former McCrory Department Store building is now under contract. Therefore this property (552 S 4th St) and 542 S 4th St (In Style Bldg) are being marketed separately going forward. Another 7,840 sq ft below grade.

The traditional retail shopping area of Louisville. Surrounded by multiple top level hotels, the 4th St Live! entertainment center, office towers (HQ tenants Humana, PNC, Kindred, etc), Louisville Palace Theater, Urban Bourbon Trail destinations, KFC YUM area.

Very ornate facade largely sealed in time below the modern facade

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Taxing Authority: Louisville
Tax ID/APN: 013E00560000
Zoning: C-3 - Commercial District
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Located Between: Chestnut St and Muhammad Ali Blvd
Property Visibility: Fair
Largest Nearby Street: Chestnut St
Highway Access: I-65, I-64, I-71
Airports: Muhammad Ali International
Site Description: Along the historic shopping area of Louisville "Fourth Street!" Near many other major downtown hotels, theaters, etc
Area Description: Downtown between the Seelbach and Hilton (8UP) hotels
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 9,082 SF
Roof Type: Flat
Construction/Siding: Stone
Exterior Description: brick, covered by a more modern facade
Parking Description: On the street. Numerous parking garages, lots nearby.
Zoning Description: C-3
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,443 138,176 299,532
Median Age: 35.72 35.33 37.05
Households: 9,177 60,347 129,612
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